XRP sinks below LTC again after new lawsuit from major investor

Cointelegraph

Published Jan 05, 2021 07:32PM ET

Updated Jan 05, 2021 09:20PM ET

XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the SEC in filing a complaint against the project.

According to a Jan. 6 report from Bloomberg, Tetragon, one of the lead investors in a $200 million Series C funding round for Ripple in 2019, has filed a complaint against the firm in the Delaware Chancery Court.

Continue Reading on Coin Telegraph